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 | Summer campaign management |  |
 Wys³any: Nie Mar 10, 2024 08:05 |
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| suklaranilll |
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| Do³±czy³: 10 Mar 2024 |
| Posty: 1 |
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In this Knowledge article we will highlight the 8 fundamental points to take into account to improve the process of generating forecasts, optimizing inventory and managing supplies. In this way, you will ensure that your inventory is optimal to face the next summer campaign. 1. Activate and deactivate articles Activating and deactivating articles is one of the best solutions for managing summer campaigns . With this type of functionality it is possible to safely control the supply processes of those items that we only include in the assortment during summer campaigns. In order to be able to massively manage these items with the greatest efficiency, it is vital to have systems that guarantee that the process is reliable and transparent. 2. Manage demand on a daily basis Having the ability to manage demand on a daily level is, without a doubt, a very competitive advantage for supply management at the Point of Sale (POS). The management of summer campaigns requires an exhaustive analysis of their behavior and forecast on a daily level, in order to maintain optimal inventory levels based on the objective customer service and product expiration. With this advanced management, it is possible to keep products fresher and with a longer expiration date, avoiding the generation of waste.
Take care of the seasonal pattern Currently, only the best software is able to identify seasonal characteristics quickly and effectively to be used in forecasting. Consequently, if the forecast takes these patterns into account, supply management will be even more precise, adjusting the exact stock levels to the increase (or decrease) in expected demand in this characteristic time. With stock levels perfectly calculated, supply management will be more effective, causing fewer breakages and less generation of shrinkage. To do this, the system will propose the C Level Contact List appropriate stock levels well in advance of the season and will supply correctly at the beginning, during and at the end of the seasons. We could say that the benefit is double and on both sides. The system is able to identify where it starts, where its highest peak demand is located and, finally, when the inflection period begins. These are just some of the most important aspects for good use of managing seasonal patterns and their effect on purchases during the procurement process. 4. Update and adjust the trend The trend is another element of the forecast that must be considered when planning the management of summer campaigns.
During the years of crisis, downward or static trends (in the best of cases) have been “recorded” in everyone's minds and in the data of all companies. This element predisposes the inventory to breakage and makes it easier for sales to be lost, which leaves the business at a disadvantage compared to its competitors. 5. Define dynamic security levels The fact of being in each of the phases of the seasons also requires adaptability not only of the forecast, but also of the safety stock necessary to guarantee the established service objective. Modern systems must allow this level of security to “adapt” constantly and dynamically over time, allowing the necessary stock to be met to meet the customer's expectations during the item's supply period. 6. Manage seasonal proactivity Proactivity is also a determining factor in managing seasonal assortments. The fact of arriving earlier or later at a seasonal period brings (in both cases) inconveniences to management. |
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| Wys³any: Nie Mar 10, 2024 08:05 |
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| Wys³any: Czw Maj 02, 2024 04:30 |
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| wisers |
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| Do³±czy³: 13 Sie 2022 |
| Posty: 208697 |
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| Wys³any: Czw Maj 02, 2024 04:30 |
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